Programs using Current Vermont Mortgage Rates
Vermont residents live in one of the most beautiful states in New England. Vermont's world-famous fall colors, its 4,000-foot Green Mountain peaks, and the renowned Ben and Jerry's ice cream factory garner smiles from visitors of all ages.

If you want to own a home in Vermont, several different mortgage programs can help you take advantage of the current VT mortgage rates. From the Housing Loan Fund in specific counties to the VHFA loan, many programs are available to you if you want to own a home.

VT Mortgage Rates and the Housing Loan Fund
The Housing Loan Fund is part of the Champlain Housing Trust, serving Franklin, Grand Isle and Chittenden counties. This program is not for new homebuyers, but rather for residents who need to rehabilitate their homes. The Housing Loan Fund is aimed specifically at families who want to undertake structural or mechanical repairs in their homes.

Participants in the program are required to meet specific income requirements to borrow funds. Potential participants can find information on current maximum loan amounts based on household size and income online.

In addition to the funds for repairs, the Champlain Housing Trust provides construction management services and a list of contractors who have been approved by the Trust.

The Section 8 Home Ownership Program and VT Mortgage Interest Rates
The Vermont State Housing Authority (VSHA) has a program aimed to assist Section 8 renters in becoming homeowners. The program converts Section 8 Rental Vouchers into Home Ownership Vouchers, and helps qualified applicants with loan payments.

In order to participate in the program, you must meet the following requirements:

• All adults living in your home must meet the maximum and minimum income requirements.
• At least one adult must be employed full-time.
• Applicants must already be participating in the Section 8 Rental Voucher program.

Low Interest Vermont Mortgage Interest Rates Through the VFHA Loan Program
The Vermont Housing Finance Agency does not lend money directly to applicants. By connecting with an approved participating lender, you can take advantage of low VT mortgage interest rates through the VHFA Loan Program.

Eligible VHFA borrowers can benefit from the low interest rates associated with this loan. Those who are first time homebuyers through the VFHA program may be eligible for an additional tax credit from the federal government.

The VHFA program is available to anyone who meets the income requirements, does not exceed home purchase price limits, and does not purchase a property larger than 15 acres. Most counties allow all homebuyers; the following counties, however, admit only first-time buyers in this program:

• Addison
• Bennington
• Chittenden
• Grand Isle
• Windsor